Familiarity may breed contempt, but it also makes you sloppy. Do you know plan sponsors that have forgotten they need to address these matters?
Tag "Pooled Employer Plan"
![7 Fiduciary Duties 401k Plan Sponsors Overlook And What They Can Do To Address Them](https://fiduciarynews.com/wp-content/uploads/2021/04/forget-660x395-1-505x306_c.jpg)
![3 Reasons Companies Should Ditch Their Stand-Alone 401k And Join A 401k PEP](https://fiduciarynews.com/wp-content/uploads/2021/01/clock-and-money-on-the-weighing-scale-1154723-660x395-1-scaled-505x306_c.jpg)
In the end, though, you must remember the PEP is brand new. Not all offerings will offer the same advantages. Some may be designed specifically to forego one advantage to emphasize another.
![This Is How Small 401k Plan Sponsors Can Best Address Their Unique Needs](https://fiduciarynews.com/wp-content/uploads/2020/11/aquarium-cape-town-3-1329002-660x395-1-505x306_c.jpg)
The biggest issue when it comes to access is cost. It’s not just the plan sponsor’s sensitivity to higher costs. It’s the service provider’s ability to keep those costs low.
The Biggest 401k Fiduciary Fireworks, Fizzles, And Flops In 2021
Flops may not be forever. They may just be good ideas before their time. If you’re going to belittle them, you best hurry, because, if you wait too long, you may just discover they aren’t flops anymore. As a result, let’s not waste any time before the shelf-life of these flops expire.